Perigon Wealth Management LLC Increases Stock Holdings in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE)

Perigon Wealth Management LLC raised its stake in Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) by 72.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 18,663 shares of the exchange traded fund’s stock after acquiring an additional 7,837 shares during the period. Perigon Wealth Management LLC’s holdings in Invesco CurrencyShares Euro Trust were worth $1,864,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Two Sigma Securities LLC purchased a new position in Invesco CurrencyShares Euro Trust in the fourth quarter valued at approximately $204,000. Dynamic Advisor Solutions LLC purchased a new position in Invesco CurrencyShares Euro Trust in the first quarter valued at approximately $362,000. Berkeley Capital Partners LLC acquired a new stake in shares of Invesco CurrencyShares Euro Trust in the fourth quarter valued at approximately $394,000. Greenspring Advisors LLC acquired a new stake in shares of Invesco CurrencyShares Euro Trust in the first quarter valued at approximately $446,000. Finally, LPL Financial LLC boosted its holdings in shares of Invesco CurrencyShares Euro Trust by 68.7% in the fourth quarter. LPL Financial LLC now owns 4,938 shares of the exchange traded fund’s stock valued at $472,000 after acquiring an additional 2,011 shares during the period.

Invesco CurrencyShares Euro Trust Trading Up 0.0%

FXE stock opened at $108.10 on Friday. The company has a market capitalization of $572.93 million, a P/E ratio of -92.16 and a beta of 0.13. Invesco CurrencyShares Euro Trust has a twelve month low of $94.08 and a twelve month high of $108.36. The business has a 50 day simple moving average of $105.14 and a 200-day simple moving average of $100.41.

About Invesco CurrencyShares Euro Trust

Guggenheim CurrencyShares Euro Trust, formerly CurrencyShares Euro Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of euro and distributes euro in connection with the redemption of Baskets. The investment objective of the Trust is for the Shares to reflect the price of euro plus accrued interest.